Saturday, December 13, 2014

PPI falls; retail sales beat expectations; the week ahead

Amid falling energy costs, the producer price index (PPI) was down 0.2% in November from October, the third monthly decline in the last four months. That could explains why retail sales in November increased 0.7% from upwardly revised October results, beating expectations.

Now analysts are focusing on the Fed’s meeting next week looking for signs of an interest rate increase.

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